China's 'Two Sessions' Reveal Superpower Tussle Strategy

• China's 'Two Sessions' focused on economic stabilization and systematic transformation, aiming for a new development cycle.
• The NPC unveiled a national strategy to dominate technologies and achieve 2035 modernization goals, emphasizing technological autonomy.
• Premier Li Quang announced a GDP growth target of 4.5-5%, the lowest in decades, prioritizing 'high-quality development' over aggressive stimulus.
• Increased resources are allocated to strategic sectors like semiconductors, AI, and robotics to strengthen technological self-reliance.
• Defense budget increased by 7% to modernize the PLA, aiming for a 'world-class military' by 2035 amidst global security challenges.